Gold as ‘new barometer’: RBI Guv says gold prices reflect global uncertainty as crude did earlier; warns of global equity market correction

RBI Governor Sanjay Malhotra suggested gold prices are now acting as a fresh barometer of global uncertainty, a role previously held by crude oil. He warned of a potential correction in global equity markets, especially tech stocks, citing widespread fiscal stress. This comes as gold continues its upward trajectory, poised for a seventh consecutive weekly gain, reflecting heightened global anxieties.